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A new DTCC redemption-events submission template takes effect as the post-trade utility prepares a phased AnnounceDirect migration without immediately ending legacy acceptance.
Eligible DTC-held securities can be represented on Canton and DTCC’s private Besu network, with further networks planned for 2027.
The 28 October launch starts on Canton and DTCC’s private Besu network. The opening securities range, signed participants and DTC’s total custody assets describe different measures of the service.
Automatic delivery would follow agent approval, with status history available for reconciliation. Centralised billing would collect agent fees and retain a 5% collection charge on applicable deposits.